eircom signs two year energy deal
Ireland's largest telecommunications company has signed a euro 22 million deal for its energy supplies.
The deal, announced today (April 26), will see ESB Electric Ireland supply the eircom, a formerly state owned business, for the next two years.
It will cover electricity supply to 81 major telephone exchanges and installations in Ireland and eircom's new corporate headquarters at Heuston South Quarter in Dublin.
ESB industrial and commercial business manager, Derek Russell, said: "Volatility in wholesale energy markets, such has been the case in recent times, can make it difficult for large energy users to accurately forecast their long term needs and costs.
"We have structured this new contract in a way which brings the client 'inside' our energy trading centre and enables them to leverage the expertise and experience we have in managing the gas, carbon and foreign exchange inputs that determine their final energy costs."
ESB Electric Ireland has enjoyed a six year relationship with eircom during which time it has partnered with the company on internal eircom energy awareness campaigns.